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Wednesday, June 17, 2015
Multinational Companies Shouldn't Underestimate Cost of Exchange Rate
ANBOUND

Fluctuations of global exchange rates have great influences on multinational companies. Many multinational companies' overseas businesses suffered losses due to the fall of exchange rate of host countries. ANBOUND think tank scholars point out that generally Renminbi is strong. For the Chinese companies who are operating in foreign countries, the shock caused by exchange rate functions will be great. Thus, those Chinese enterprises that are actively "going global" shouldn’t underestimate the cost of exchange rate.

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